Commercial Banking Licence

End-to-end support for a commercial banking licence under the Banking Act 2023 — distinct from NBFIRA non-bank licences.

Prerequisites

• Substantial minimum capital.
• Fit-and-proper board and management.
• Detailed business and risk plan.

Required Documents

• Certificate of Incorporation and CIPA company extract.
• Certified copies of Omang / Passports for directors and shareholders.
• Proof of physical business premises (lease or title deed).
• Tax clearance certificate from BURS.
• Business plan and financial projections (3–5 years).
• CVs and fit-and-proper declarations for key management.
• Audited financials / proof of capital.

Engagement Process

1. Submit enquiry with preliminary information via the product form.
2. Receive engagement letter and fee proforma from The Secretary.
3. Provide required documents and complete KYC where applicable.
4. We prepare, file, and follow through with the regulator on your behalf.
5. Delivery of licence, certificate, or approval — with post-grant advisory.